Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No wholesaler or assignment of contract offers will be accepted.
Single-familyProperty Type
1955Year Built
0.35 acresLot Size
1 spaceParking
Listed by Dean Harris• CrestCore Realty MphsBrokerage
Oakshire, located between Poplar Avenue and Walnut Grove Road, is a residential and suburban Memphis neighborhood with curving, tree-lined streets and mid-century ranch homes. The neighborhood’s energy concentrates around the Poplar Avenue corridor near Perkins Road, where local eateries, small storefronts, and steady traffic set a practical, lived-in rhythm. Nearby pillars such as Crosstown Concourse, the Memphis Brooks Museum of Art, and the Overton Park Shell help shape the area’s cultural calendar beyond the blocks of homes. Lots tend to be generous, with mature canopy trees and long driveways that soften the streetscape. Daily routines often orbit grocery runs, coffee stops, and park time rather than nightlife. The geography reads as classic East Memphis: calm interior streets framed by major arterials.
Provided by Walk Score and Local Logic
Offer insights
5246 Lochinvar Dr · $79,900
$79.9K and above
75% chance or better to win
Why $79.9K+ is a strong offer
DAYS ON MARKET
41 days
The average home goes pending in 37 days.
SALE-TO-LIST
96.9%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
One fireplace
Single-story layout with 6 total rooms
Living room, separate den/great room, and separate kitchen
Washer/dryer connections
Range/Oven included
Partially carpeted floors
All bedrooms on the main level
Bedrooms
Three bedrooms (all on level 1)
Bathrooms
One full bathroom
Kitchen
Range/Oven
Laundry & utility
Washer/Dryer connections
Flooring
Part carpet
Heating & cooling
Central heating
Central cooling
Exterior features
Wrought iron security doors
No pool
Level lot with some trees and wooded areas
Brick veneer exterior with wood/composition accents
Home design
Detached single-family home
Traditional style
Built in 1955
Parking
One covered parking space
Driveway/pad parking
Security
Wrought iron security doors
Construction
Slab foundation
Composition shingle roof
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10226531
Jul 20, 2026
Listed
$79,900
Memphis Area Association of Realtors(R) MLS #1
Aug 22, 2024
Price Changed
$129,900
Memphis Area Association of Realtors(R) MLS #10068539
Jan 7, 2020
Sold
$55,000
Jan 1, 2020
Listed
$55,000
Public Records
Oct 18, 1989
Sold
$53,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,725 (+27.6%)
$4,000 + $28,725
$32,725
2024
$1,352 (+8.1%)
$4,000 + $28,725
$32,725
2023
$1,250
$3,000 + $17,525
$20,525
2022
$1,250 (−1.2%)
$3,000 + $17,525
$20,525
2021
$1,265 (+34.0%)
$3,000 + $17,525
$20,525
2020
$944
$3,000 + $17,525
$20,525
2019
$944
$3,000 + $10,025
$13,025
2018
$944 (+76.3%)
$3,000 + $10,025
$13,025
2017
$535 (−1.6%)
$3,000 + $10,025
$13,025
2016
$544
$3,000 + $10,025
$13,025
2014
$544
$3,000 + $9,450
$12,450
Public record
Public record
Zoning
Permits
Beds
3
Baths
1
Stories
1
Lot width
90 ft.
Lot depth
170 ft.
Lot size
0.35 Acres
Year renovated
—
Finished Sq. Ft.
1,282
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,282
Year built
1955
Style
Single Family Residential
County
Shelby County
APN
079135 00022
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
R-8
Residential Single-Family-8 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-8 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-8 districts are generally located at least 1,000 to 1,500 ft from a CMU-1, CMU-2, CMU-3 or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space
Oct 7, 2020 • Final
Residential mechanical
Replace a gas water heater.
Plumbing
Water heater
Oct 7, 2020 • Final
Residential mechanical
Replace the evaporator coil, condenser, and heater.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 20 days in 30 years
4/10 Wind Factor
18% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38116
Average low and high temperatures (°F)
47
30
57
38
71
50
77
58
79
63
88
72
92
76
89
72
85
68
77
57
65
49
54
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5246 Lochinvar Dr
$77,185
$2,715 under list price of $80K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $75K to $145K.